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City Office REIT Announces Dividends for Q2 2025

On June 13, 2025, City Office REIT, Inc. (traded as NYSE: CIO), made a significant announcement regarding its shareholder dividends for the second quarter of 2025. The company's Board of Directors has approved a quarterly dividend of $0.10 per share for each common stock and common unit of partnership interest. This decision underscores City Office's ongoing commitment to providing returns to its investors by prioritizing shareholder value through steady dividend payments.

Moreover, the Board has also sanctioned a quarterly dividend of $0.4140625 per share for its Series A Cumulative Redeemable Preferred Stock, reinforcing its dual commitment to both common and preferred stockholders. These dividends will be disbursed on July 24, 2025, to all shareholders on record as of the close of business on July 10, 2025.

City Office REIT has positioned itself as a key player in the real estate sector, concentrating its efforts on acquiring, managing, and operating properties primarily located in thriving Sun Belt markets. Currently, the company holds or has controlling interests in approximately 5.4 million square feet of office space, showcasing a robust portfolio that appeals to a diverse range of business tenants. As part of its operational strategy, City Office operates under the taxation framework of a Real Estate Investment Trust (REIT), allowing it to pass on significant tax advantages to its shareholders.

With the real estate market showing signs of resilience, especially in the Sun Belt regions where populous urban centers continue to expand, City Office REIT's proactive approach to maintaining and enhancing shareholder returns appears to resonate well with investors. The consistent dividend payouts, particularly during uncertain economic times, offer a compelling narrative for the company's stability and future prospects.

In the context of broader market trends, the decision to issue dividends not only reflects confidence in the company's financial health but also aligns with shareholders’ expectations for regular returns. Furthermore, these dividends may attract new investors looking for reliable income streams, thus enhancing the company's market presence.

It's important to note that forth in the announcement are also forward-looking statements concerning City Office's performance. The company's management emphasizes that any predictions regarding future results, while grounded in current assessments, must be understood within the framework of inherent market risks and uncertainties. City Office remains dedicated to transparency, urging stakeholders to consider these factors when evaluating its future prospects.

For institutional investors, analysts, and other market participants, the announced dividends serve as a reminder of City Office REIT's commitment to its foundational financial strategies, promoting a culture of shareholder return that is increasingly vital in today's competitive real estate landscape. If you're interested in learning more about City Office REIT or have inquiries regarding their operations or investment potential, you can contact Anthony Maretic, CFO, at 1-604-806-3366 or via email at [email protected]

In conclusion, as City Office REIT continues to navigate the complexities of the real estate market, its steadfast approach to delivering dividends will likely continue to shape the dialogue around its corporate strategy, market resilience, and investor relations, securing a promising outlook for all stakeholders involved.